FPDS-NG FOR GOVERNMENT PERSONNEL

FPDS-NG: As a Market Research Tool for Federal Acquisition Professionals and Supporting Personnel

The Federal Procurement Data System—Next Generation (FPDS-NG) is the official repository for all Federal procurement data. This real time database is populated by Federal acquisition professionals. Although Federal acquisition professionals are familiar with reporting requirements and how to report procurement transactions in the system, increasingly these same professionals are learning FPDS-NG is an excellent source for conducting market research required by Federal Acquisition Regulation (FAR) Part 10.

But What’s In It for Me?

All acquisition professionals understand past performance is a good indicator of what can be expected in terms of future performance, using FPDS-NG to see where and with whom the government has spent is highly reliable and relevant source for purposes of conducting market research and developing acquisition strategies which embrace small business socioeconomic procurement preference programs.

A big thank you goes to Mr. Wayne Simpson and The Centre Law Group for such a fantastic course. Not only was it highly beneficial to me personally, I know it will help my team’s day-to-day operations in the long-term. I firmly believe that having the FPDS ad hoc reporting mechanism at our disposal will help my customers – several of which were in the class – with projecting their needs further in advance, alleviating a fair share of stress.

I also want to say how much I appreciated Mr. Simpson discussing his own, real-life experiences. I genuinely believe that hearing his stories gave the IT personnel in the room valuable insight into the most common impediments Contracting faces during the acquisition process. – Lindsay Simon, Contract Specialist USDA